The investment buzz in the US capital market is well resonated across the Pacific in China. Shuangta Food, a company based in East China’s Shandong Province that produces pea protein witnessed a 192.5 percent jump of its share price in August compared to the beginning of the year. The company recently made the first plant-based pork mooncakes during this year’s Mid Autumn festival along with Zhen Meat, another alternative meat company. In Shanghai’s A-share market, any company relating to faux meat saw their price soar.
Source: Plant-based meat in China: a bullish future without meat – Global Times